Accelerate Your Business Growth with a $500 Micro-Grant
Empowering a Black-owned business in Indiana with $500 to take the next step toward success.
The Indy Black Businesses Accelerator Grant is the first in a series of funding opportunities designed to support Black-owned businesses in Indiana. This $500 micro-grant provides targeted assistance to a small business with specific and immediate funding needs, helping them take measurable steps toward their goals.
Whether it’s covering marketing expenses, purchasing essential tools, or addressing key business costs, this grant is designed to make a tangible impact on a business’s journey.
This is just the beginning—we’re committed to providing more opportunities for Black entrepreneurs to thrive.
Designed to make a difference, one business at a time.
Why Does This Grant Matter?
This grant is not about transforming businesses overnight but about:
- Helping with small, impactful needs (e.g., marketing, tools, or inventory)
- Supporting businesses that have actionable plans for growth
- Highlighting and promoting Black-owned businesses in the community
Eligibility Requirements
To be eligible for the Indy Black Businesses Accelerator Grant, you must meet the following criteria:
- Must be a Black-owned business located in Indiana
- Must be actively operating and generating revenue (even minimal)
- Must have a clear, actionable plan for using the $500
- Must be a solopreneur or have a small team (up to 3 employees).
- Must be listed in the Indy Black Businesses Directory (free to list your business)
- Must agree to submit a follow-up report within 3 months
Important Dates to Remember
- Application Deadline: March 15, 2025
- Winner Announced: March 25, 2025 (via email & website announcement)
- Follow-Up Report Due: June 25, 2025 (A simple update on how the funds were used)
What Does the Winner Receive?
- $500 in funding for immediate business needs
- A featured spotlight on our website and social media
- Priority listing and promotion in the Indy Black Businesses Directory.
FAQs
How to Apply
Follow these simple steps to submit your application for the Indy Black Businesses Accelerator Grant:
- Complete the application form below, providing your business details.
- Submit a brief explanation of how you plan to use the $500 grant.
- Verify that your business is listed in the Indy Black Businesses Directory.
- Submit your application before March 15, 2025, at 11:59 PM EST